10000 would be written as 1. × 105 in scientific notation, or could be written as just 105, which is a simpler exponential form.

100,000,000 (one hundred million) is the natural number following 99,999,999 and preceding 100,000,001. In scientific notation, it is written as 108.

Crore is the term used to describe the large numbers in the currency of India. While dealing with the conversion from million to crore, 0.1 crores is treated as a million, i.e. one-tenth of a crore rupees is equivalent to a million.

Overseas

100 crores

Kuwaiti dinar

TOP 10 – The Weakest World Currencies in 2021

• #1 – Venezuelan Sovereign Bolívar (1,552,540 VES/USD)
• #2 – Iranian Rial (~229,500 IRR/USD)
• #3 – Vietnamese Dong (23,002 VND/USD)
• #4 – Indonesian Rupiah (14,032 IDR/USD)
• #5 – Uzbek Sum (10,483 UZS/USD)
• #6 – Guinean Franc (10,234 GNF/USD)

No one knows for sure who first invented such money, but historians believe metal objects were first used as money as early as 5,000 B.C. Around 700 B.C., the Lydians became the first Western culture to make coins. Other countries and civilizations soon began to mint their own coins with specific values.

China

Fiat money is government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it.

What is another word for fiat money?

As such they are forced to prioritise low interest rates and nominal growth over inflation control which could herald in the beginning of the end of the global fiat currency system that begun with the abandonment of Bretton Woods back in 1971.” …

It was used as a world reserve currency through most of this time. Countries had to back their printed fiat currencies with an equal amount of gold in their reserves. Thus, it limited the printing of fiat currencies. In fact, the United States of America used gold standard up till 1971 after which it was discontinued.

Top 10 Countries with Largest Gold Reserves

1. United States. Tonnes: 8,133.5. Percent of foreign reserves: 77.5 percent.
2. Germany. Tonnes: 3,362.4. Percent of foreign reserves: 74.5 percent.
3. Italy. Tonnes: 2,451.8. Percent of foreign reserves: 69.3 percent.
4. France. Tonnes: 2,436.0.
5. Russia. Tonnes: 2,295.4.
6. China. Tonnes: 1,948.3.
7. Switzerland. Tonnes: 1,040.0.
8. Japan. Tonnes: 765.2.

Formerly the rupee one paper currency notes were printed under the direction of the Government of India. Presently, the rupee notes have been replaced with rupee coins which along with 50 paise coins are minted at government of India mints in the country….

Physical gold and silver are as liquid as cash in a bank account, but with the steady increases in the price of gold driven by investment demand and scarcity, gold is a better earner than bank savings.

Gold could be far more efficient than cash at storing wealth. Interest rates remain low, meaning that your money in the bank “earns virtually nothing,” reports CNN Money. When you account for inflation, that cash may have actually lost value. Gold is recognized as a having a long-term record of stability.

Some industry experts are predicting that gold could be worth anywhere from $3,000–$5,000 per ounce in the next 5–10 years!

Highest price for gold: Historical gold price action. Gold hit US$2,067.15, the highest price for gold at the time of this writing, on August 7, 2020.